UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549  FORM
10-Q  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934  For the
period ended September 30, 2008  Commission File Number: 333-151312  IRON
HEAD MINING CORPORATION (Exact name of registrant as specified in its charter)  Nevada 26-2230717 (State
or other jurisdiction of incorporation or organization) (I.R.S.
Employer Identification No.)  2118
 102nd Crescent, North Battleford, Saskatchewan, Canada S9A
1J5 (Address
of principal executive offices) (Zip
Code)  1-800-609-0775 (Registrants telephone number, including area code)   (Former name, former address and former fiscal year, if changed
since last report)  Indicate by check
mark whether the registrant (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding
12 months (or for such shorter period that the registrant was required to file
such reports), and (2) has been subject to such filing requirements for the past
90 days.  [X]  Yes     [  ]  No  Indicate by check
mark whether the registrant is a large accelerated filer, an accelerated filer,
a non-accelerated filer, or a smaller reporting company.  See the
definitions of large accelerated filer, accelerated filer and smaller
reporting company in Rule 12b-2 of the Exchange Act.  Large
accelerated filer
[
 ]
Accelerated
filer
[
 ]Non-accelerated
filer
[  ]
(Do not check if a smaller reporting
company)
Smaller
reporting company
[X]  Indicate by check
mark whether the registrant is a shell company (as defined in Rule 12b-2 of the
Exchange Act.)  [X]  Yes     [  ]
 No  Indicate the number
of shares outstanding of each of the issuers classes of common stock, as of the
latest practicable date: As of
October 31, 2008, there were 9,250,000 common shares issued and outstanding  1    PART I  FINANCIAL STATEMENTS  Item 1.
 Financial Statements              Iron
Head Mining Corporation  (An
Exploration Stage Company)  Unaudited Financial Statements  September 30, 2008  2        Iron
Head Mining Corporation  (An
Exploration Stage Company)  Index to
the Unaudited Financial Statements  September 30, 2008   Page(s)  Balance
Sheets 4  Statements
of Operations 5  Statement
of Changes in Stockholders Equity (Deficit) 6  Statements
of Cash Flows 7  Notes
to the Unaudited Financial Statements 8-10  3    Iron Head Mining Corporation (An
Exploration Stage Company) Balance Sheets   September 30,

December 31,2008

2007(unaudited)ASSETSCurrent
assets:Cash
$
           -

$
-Subscriptions
receivable
-

9,250Total current
assets
-

9,250Total
assets
$
                      -

$
  9,250LIABILITIES AND
STOCKHOLDERS EQUITY (DEFICIT)Current
liabilities:Accounts
payable
$
   1,254

$
         -Total current
liabilities
1,254

-Stockholders
Equity (Deficit)Common
stock, par value $.001, 75,000,000 sharesauthorized,
9,250,000 shares issued and outstanding
9,250

9,250Additional
paid-in capital
9,542

200Deficit
accumulated during the exploration stage
(20,046)

(200)Total
stockholders equity (deficit)
(1,254)

9,250Total
liabilities and stockholders equity (deficit)
$
           -

$
  9,250              See accompanying
notes to the unaudited financial statements.  4


Iron Head Mining Corporation (An
Exploration Stage Company) Statements of Operations (unaudited)   For the Three

For the Three

For the Nine

From April 27,

From April 27,Months Ended

Months Ended

Months Ended

2007 (Inception)

2007 (Inception)September 30,

September 30,

September 30,

to
September 30,

to
September 30,2008

2007

2008

2007

2008Revenues:
$
              -

$
             -

$
              -

$
              -

$
             -Operating
expenses:Mining
exploration costs
-

-

2,500

-

2,500Selling,
general, and administrative
7,047

-

17,346

-

17,546Operating loss
before income taxes
(7,047)

-

(19,846)

-

(20,046)Income tax
benefit (expense)
-

-

-

-

-Net loss
available to common stockholders
$
    (7,047)

$
              -

$
  (19,846)

$
              -

$
 (20,046)Basic and
diluted loss per common share
$
      (0.00)

$
              -

$
      (0.00)

$
              -Weighted
average common sharesoutstanding
9,250,000

9,250,000

9,250,000

7,233,974    See accompanying
notes to the unaudited financial statements.  5    Iron
Head Mining Corporation (An
Exploration Stage Company) Statement of Stockholders Equity (Deficit) For
the period from April 27, 2007 (Inception) to September 30, 2008 (unaudited)  DeficitAdditional

Accumulated

TotalCommon Shares

Paid-in

During the

StockholdersShares

Amount

Capital

Exploration Stage

Equity
(Deficit)Balance, April
27, 2007(Inception)
-

$
         -

$
         -

$
             -

$
             -Common shares
issued forcash
at $.001 per share,May
31, 2007
9,250,000

9,250

-

-

9,250Loss during the
period fromApril
27, 2007 (Inception) toDecember
31, 2007
-

-

-

(200)

(200)Contributed
capital
-

-

200

-

200Balance,
December 31, 2007
9,250,000

9,250

200

(200)

9,250Loss for the
nine monthsended
September 30, 2008
-

-

-

(19,846)

(19,846)Waived mining
costs (Note 4)
-

-

2,500

-

2,500Contributed
capital
-

-

6,842

-

6,842Balance,
September 30, 2008
9,250,000

$
  9,250

$
  9,542

$
 (20,046)

$
   (1,254)  See accompanying
notes to the unaudited financial statements.  6


Iron Head Mining Corporation (An
Exploration Stage Company) Statements of Cash Flows (unaudited)  For the Period

For the PeriodFor the Nine

from April 27,

from April 27,Months Ended

2007 (Inception)

2007 (Inception)September 30,

to
September 30,

to
September 30,2008

2007

2008Cash flows from
operating activities:Net loss
$
(19,846)

$
             -

$
 (20,046)Adjustments to
reconcile net loss tonet
cash used in operating activities:Waived
mining expenses
2,500

-

2,500Changes in
operating liabilities:Increase
in accounts payable
1,254

-

1,254Net cash used
in operating activities
(16,092)

-

(16,292)Cash flows from
investing activities:
-

-

-Net cash
provided by investingactivities
-

-

-Cash flows from
financing activities:Proceeds
from subscriptions receivable
9,250

-

9,250Contributed
capital
6,842

-

7,042Net cash
provided by financing activities
16,092

-

16,292Net increase in
cash
-

-

-Cash at
beginning of period
-

-

-Cash at end of
period
$
            -

$
             -

$
             -Supplemental
Cash Flow Information:Cash paid for
interest
$
            -

$
             -

$
             -Cash paid for
income taxes
$
            -

$
             -

$
             -           See accompanying
notes to the unaudited financial statements.


7    Iron Head Mining Corporation (An
Exploration Stage Company) Notes
to the Financial Statements September 30, 2008 (unaudited)  1. BASIS
OF FINANCIAL STATEMENT PRESENTATION  The
accompanying unaudited financial statements have been prepared by Iron Head
Mining Corporation (the Company) pursuant to the rules and regulations of the
Securities and Exchange Commission.  Certain information and footnote
disclosures normally included in financial statements prepared in accordance
with U.S. generally accepted accounting principles have been condensed or
omitted in accordance with such rules and regulations.  The information
furnished in the interim financial statements includes normal recurring
adjustments and reflects all adjustments, which, in the opinion of management,
are necessary for a fair presentation of such financial statements.
 Although management believes the disclosures and information presented are
adequate to make the information not misleading, it is suggested that these
interim financial statements be read in conjunction with the Company's audited
financial statements and notes thereto included in its Form S-1 filed on May 30,
2008.  Operating results for the three and nine months ended September 30,
2008 are not necessarily indicative of the results to be expected for the fiscal
year ended December 31, 2008.  2. ORGANIZATION  Formerly
known as Adicus Energy Corporation, the Company was incorporated on April 27,
2007 in the State of Nevada.  The Companys operations are primarily based
in North Battleford, SK, Canada.  The accounting and reporting policies of
the Company conform to accounting principles generally accepted in the United
States of America, and the Companys fiscal year end is December 31.  The
Company is an exploration stage company that engages primarily in the
acquisition, exploration and development of resource properties.  In
January 2008, the Company entered into an option to purchase a certain mineral
claim located in the Smithers Mining Region in the Province of British Columbia,
Canada.  Although the option has been terminated (see Note 4), the Company
intends to reinstate the option and start conducting mineral exploration
activities on the mineral claim in the spring of 2009 in order to assess whether
it possesses commercially exploitable reserves of silver, gold, lead or zinc.
 To date, the Companys activities have been limited to its formation,
minimal operation and exploration, and the raising of equity capital.  3. SIGNIFICANT
ACCOUNTING POLICIES  USE
OF ESTIMATES  The
preparation of the Companys financial statements in conformity with accounting
principles generally accepted in the United States requires management to make
estimates and assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at the date of
the financial statements and the reported amount of revenues and expenses during
the reporting period.  Actual results could differ from those estimates.
 The Companys periodic filings with the Securities and Exchange Commission
include, where applicable, disclosures of estimates, assumptions, uncertainties
and markets that could affect the financial statements and future operations of
the Company.  8    Iron Head Mining Corporation (An
Exploration Stage Company) Notes
to the Financial Statements (continued) September 30, 2008 (unaudited)  3. SIGNIFICANT
ACCOUNTING POLICIES (CONTINUED)  FOREIGN CURRENCY TRANSLATION  The Companys functional and reporting currency is the U.S.
dollar, but the Company may engage in transactions in Canada.  All
transactions initiated in Canadian dollars are translated into U.S. dollars in
accordance with SFAS No. 52, "Foreign Currency Translation" as
follows:  i) Monetary assets and liabilities at the rate of exchange in effect
at the balance sheet date. ii) Equity at historical rates. iii) Revenue and expense items at the average rate of exchange
prevailing during the period.  Adjustments arising from such translations are deferred until
realization and are included as a separate component of stockholders equity as
a component of comprehensive income or loss.  Therefore, translation
adjustments are not included in determining net income (loss) but reported as
other comprehensive income.  For foreign currency transactions, the Company translates these
amounts to the Companys functional currency at the exchange rate effective on
the invoice date.  If the exchange rate changes between the time of
purchase and the time actual payment is made, a foreign exchange transaction
gain or loss results which is included in determining net income for the
period.  No significant realized exchange gain or losses were recorded from
inception (April 27, 2007) to September 30, 2008.  4. MINERAL
CLAIM OPTION AGREEMENT  In January 2008, the
Company entered into an option to purchase a certain mineral claim (the
Option) located in the Smithers Mining Region of British Columbia from the
Companys Assistant Secretary (the Optioner).  The Option provides for
the Company to acquire a 100 percent undivided interest in the aforementioned
mineral claim, free and clear of all charges, encumbrances and claims in
exchange for an initial payment of $2,500, which amount was waived and treated
as a capital contribution upon the Options inception.  In addition, the
Company was required to make payments pursuant to the Option as follows:  Payment No.
Amount
Date1
$
                2,500
10/30/20082
$
                5,000
05/31/20093
$
              42,500
09/01/2009  The Company was also
required to incur exploration expenditures of up to $25,000 related to the
mineral claims acquired prior to the end of given periods as per the schedule
below:  Payment No.
Amount
Date1
$
          2,000
09/30/20082
$
        10,000
10/30/20083
$
        13,000
09/01/2009  9      Iron
Head Mining Corporation (An
Exploration Stage Company) Notes
to the Financial Statements (continued) September 30, 2008 (unaudited)  5. MINERAL
CLAIM OPTION AGREEMENT (CONTINUED)  If the Company was
to incur less in exploration expenditures during a given period than the amounts
listed in the schedule above, it would be required to pay the difference to the
Optioner prior to the expiration of that period.  If the Company incurs
more in exploration expenditures that the amounts as per the schedule above, the
excess amount will be carried forward and applied to the exploration
expenditures to be incurred in succeeding periods.  The Option is
terminable by the Company at its sole discretion upon giving proper notice to
its Assistant Secretary of its intent to terminate.  The Company did not
incur the $2,000 in exploration expenditures by September 30, 2008, as required
by the Option, nor did it make any payments to the Optioner.  Accordingly,
the Option has been deemed terminated.  The Optioner has represented that
the Company can reinstate the option once the Company acquires adequate cash to
meet the Option payment and exploration requirements.  The Company
anticipates initiating a stock offering in the spring of 2009, the proceeds from
which will be used to bring the Option payments current and reinstate the
Option.  5. GOING
CONCERN AND LIQUIDITY CONSIDERATIONS  The
accompanying unaudited financial statements have been prepared assuming that the
Company will continue as a going concern, which contemplates, among other
things, the realization of assets and satisfaction of liabilities in the normal
course of business.  As of September 30, 2008, the Company has a negative
working capital balance of $1,254 and an accumulated deficit of $20,046.
 The Company intends to fund operations through equity financing
arrangements, which may be insufficient to fund its capital expenditures,
working capital and other cash requirements for the next twelve months.  The
ability of the Company to emerge from the exploration stage is dependent upon,
among other things, obtaining additional financing to continue operations,
explore and develop the mineral properties and the discovery, development and
sale of mineral reserves.  In
response to these problems, management intends to raise additional funds through
public or private placement offerings.  These
factors, among others, raise substantial doubt about the Companys ability to
continue as a going concern.  The accompanying financial statements do not
include any adjustments that might result from the outcome of this
uncertainty.   10    Item
2.  Managements Discussion and Analysis of Financial Condition and Results
of Operations  We are in the
business of mineral exploration.  In January 2008, we obtained an option to
acquire a 100% interest in a mineral claim located in the Smithers Mining Region
in the Province of British Columbia, Canada (the Keoni1 Claim).  Although
the option has temporarily been terminated due to our inability to meet option
payment and exploration cost requirements, our objective is to retain the option
in spring of 2009 and conduct mineral exploration activities on the mineral
claim in order to assess whether it possesses commercially exploitable reserves
of silver, gold, copper or zinc.  Our plan is to carry out an exploration
program on the mineral claim in order to make an assessment of the commercial
potential of this mineral claim.  Iron Head Mining
Corporation is a Nevada corporation originally incorporated as Adicus Energy
Corp. on April 27, 2007.  We changed our name on October 16, 2007, to Iron
Head Mining Corporation.  Our business plan is
to retain the option to acquire interest in and proceed with the exploration of
the Keoni1 Claim to determine if it contains commercially exploitable reserves
of silver, gold, lead, or zinc.  We have decided to proceed with Phase I of
the exploration program, as detailed below.  We will assess whether to
proceed to Phase II of the recommended geological work program upon completion
of an assessment of the results of Phase I of the geological work program.  We anticipate that
Phase I of the recommended geological work program will cost approximately
$2,000.  We had approximately $0 in cash reserves as of September 30, 2008.
 Phase I of the program has been delayed, due to extreme weather conditions
in the area, and will commence mid to late summer, 2009.  While the Company
has sufficient cash on hand to commence with Phase I, the Company anticipates
the need for additional financing either through loans or the sale of additional
securities of the Company.  Mr. Waters, our sole officer and director, has
verbally agreed not to take any fees for services as an officer and director of
the Company until the completion of Phase II, reducing the total working capital
required during Phase I and Phase II.  In consideration of these facts, we
anticipate having sufficient funds to complete Phase I of the geological work
program.  We have no cash
reserves available to meet our obligations for the next twelve month period,
including legal and accounting expense to comply with our obligations, under the
Securities Exchange Act of 1934 (Exchange Act), as a reporting issuer.
 These expenses will be in addition to the cost of completing Phase I of
the exploration program.   In order to proceed with Phase I and
complete our filing requirements under the Exchange Act, we will need to secure
additional funding, either through loans, equity, or a combination of both.
 We do not have any arrangements in place for future financing.  We will require
additional funding in the event that we decide to proceed with Phase II of the
exploration program.  The anticipated cost of the Phase II exploration
program is $15,000, which is in excess of our projected cash reserves remaining
upon completion of Phase I of the exploration program.  We anticipate that
additional funding will be in the form of equity  11    financing
from the sale of additional shares of our common stock.  We do not have any
arrangements in place for any future equity financing.  We will require
additional funding in the event that we decide to proceed with Phase III of the
exploration program.  The anticipated cost of the Phase III exploration
program is $75,000.  We anticipate that additional funding will be in the
form of equity financing from the sale of our common stock.  We do not have
any arrangements in place for any future equity financing.  We did not incur the $2,000 in
exploration expenditures by September 30, 2008, as required by the Option
agreement, nor did we make any payments to the Optioner in lieu of exploration.
 Accordingly, the Option is currently deemed terminated.  The Optioner
has represented that we can retain the option once we acquire adequate cash to
meet the Option payment and exploration requirements.  The Company
anticipates initiating a stock offering in the spring of 2009, the proceeds from
which will be used to bring the Option payments current and retain the Option.
 We may also consider bringing in a joint venture partner to provide the
required funding.  We have not undertaken any efforts to locate a joint
venture partner.  We may also pursue acquiring interests in alternate
mineral properties in the future.  Geological Report
and Recommended Work Program  We have obtained a
geological property evaluation report on the Silver Vista property, which is
adjacent to the Keoni1 claim.  We feel a
three-phased exploration program is required, each phase subject to results of
the preceding phase.  The program consists of reconnaissance of the
property to determine location and condition of underground workings, check
geological samples, compile data, perform surface and underground mapping, and
do sampling and prospecting followed by diamond drilling.  The following
outlines the phases and estimated costs of this recommended work program:  PHASE I - -------  Reconnaissance
including location and condition of workings and check sampling
          $  2,000  PHASE II - --------  1. Data
compilation and preparation of composite map $
 2,000 2. Surface
geological mapping, prospecting, sampling $
 2,000 3. Underground
geological mapping and sampling  $
 1,000 4. Transportation,
truck, rental, gas, supplies $
 3,000 5. Accommodation,
meals, etc. $
 1,000 6. Engineering,
supervision, reports $
 3,000  ----------  12     Contingency $
 3,000  ----------  TOTAL
PHASE II $
15,000  ======  PHASE III - ---------  Phase III work is
dependent upon results of Phase II, but would likely consist of
diamond drilling.  Preliminary
Allowance, 3,000 feet at $25/ft $
75,000  -----------  TOTAL
PHASE III $
75,000  ======  TOTAL
(EST.) COST ALL PHASES $
92,000  ======  The report also
advises that additional work could be designed following the above phases.  Item 3.
 Quantitative and Qualitative Disclosures About Market Risk  Not applicable.  Item 4(T).
 Controls and Procedures  Evaluation of
Disclosure Controls and Procedures  Our Chief Executive
Officer and Chief Financial Officer conducted an evaluation of the effectiveness
of the design and operation of the Company's disclosure controls and procedures,
as defined in Rules 13a-15(e) and Rule 15d-15(e) under the Exchange Act. Based
upon his evaluation as of September 30, 2008 he concluded that those disclosure
controls and procedures are effective.  Internal Control over
Financial Reporting  There have been no
changes in the Company's internal control over financial reporting during the
quarter ended September 30, 2008, that have materially affected, or are
reasonably likely to affect, the Company's internal control over financial
reporting.  Management's Report
on Internal Control over Financial Reporting   13    Iron
Heads management is responsible for establishing and maintaining adequate
internal control over financial reporting as defined in Rule 13a-15(f) under the
Exchange Act. Our internal control over financial reporting is a process
designed to provide reasonable assurance regarding the reliability of financial
reporting and the preparation of financial statements for external purposes in
accordance with accounting principles generally accepted in the United States of
America. Because of its inherent limitations, internal control over financial
reporting may not prevent or detect misstatements. Also, projections of any
evaluation of effectiveness to future periods are subject to the risk that
controls may become inadequate because of changes in conditions, or that the
degree of compliance with the policies or procedures may deteriorate.  We have assessed the
effectiveness of the Company's internal control over financial reporting as of
the quarter end dated September 30, 2008. In making the assessment, we used the
criteria set forth by the Committee of Sponsoring Organizations of the Treadway
Commission (COSO) in "Internal Control-Integrated Framework." Based on that
assessment, we have concluded that, as of the quarter ended September 30, 2008,
our internal control over financial reporting is effective based on those
criteria.  PART
II  OTHER INFORMATION  Item 6.
 Exhibits  The following
exhibits are incorporated into this Form 10-Q Quarterly Report:  Exhibit
No.
Description3.1
Articles of
Incorporation [1]3.2
By-Laws[2]31.1
Certification
of Chief Executive Officer Pursuant to Rule 13a-14(a) or 15d-14(a) of the
Securities Exchange Act of 193432.1
Certification
of Chief Executive Officer under Section 1350 as Adopted Pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002 [1]
 Incorporated by reference from the Company's S-1 filed with the Commission
on May 30, 2008. [2]
 Incorporated by reference from the Company's S-1 filed with the Commission
on May 30, 2008.  SIGNATURES  Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned thereunto duly
authorized.  IRON
HEAD MINING CORPORATION  /s/
Ken Waters Ken
Waters, President, Chief Financial Officer/Controller, Director  14